137 N 3rd Street
Montebello, CA 90640
- – beds
- – baths
- – sqft
- 6,246 sqft lot
- 1965 build
- – on site
We are pleased to present FIVE spacious 2 bedroom + 1 bathroom units in desirable North Montebello Location. This prime investment opportunity is situated just North of Whittier Blvd (near Shops and Restaurants and considered "Very Walkable" in an 83-Walk Score. Capital improvements include full copper plumbing, updated electrical panel and all new vinyl windows. All units have garage parking with the convenience of on-site laundry room (with owner-owned laundry machines). Strong in-place rents brings in 12.30 GRM and a 5.47% Cap Rate on current rents. All units are separately metered for gas and electricity. This property is subject to statewide AB1482 rent ordinance (with no local rent control).
Last checked:
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Last updated Mar 7, 2025
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MLS# 25508355 —
The Building
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Year Built:1965
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New Construction:No
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Building Area Total:4032.00
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Total Number Of Units:5
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Situated on North 3rd Street, between W Whittier Blvd and W Cleveland Ave.
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Latitude:34.01037300
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Longitude:-118.10275700
The Property
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Property Type:Residential Income
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Zoning:MNR3YY
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Lot Size Area:6246.0000
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Lot Size Acres:0.1434
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Lot Size SqFt:6246.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6346023012
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:5.00
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Garage Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/7/25
Mar 7, 2025
|
Listed / Active | CRMLS_CA | $1,795,000 |